Elon Musk reportedly secretly living in $12M waterfront estate in Austin

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Elon Musk He reportedly lives secretly in Austin’s $ 12 million mansion. Texas Despite his claim to live in a modest $ 50,000 rental module SpaceXBocachica launch site.

For the past year, Musk has spent at least part of his time in a luxurious waterfront real estate owned by his fellow PayPal Alum, Ken Howley. The Wall Street Journal..

Howary disputed the report and told the journal in a text message: ‘Eron doesn’t live in my house and he lives in South Texas. When traveling to Austin, he sometimes stayed home as my guest.

Last year, Tesla and SpaceX CEO Musk proclaimed that he “doesn’t own a home” and sold nine people. California A mansion totaling $ 144 million.

“My main home is literally about 50,000 Boca Chica / Starbase homes rented from SpaceX,” he wrote in a June tweet.

According to the journal, Musk has secretly spent much of his time at Howary’s mansion.

The luxurious 8,000-square-foot mansion is located on the nearby Colorado River with a gate and boasts a waterfront pool, Jacuzzi, and private boat slips.

According to The Wall Street Journal, for the past year, Musk has spent at least some time in this luxurious waterfront property owned by his fellow PayPal Alum, Ken Howley.

According to The Wall Street Journal, for the past year, Musk has spent at least some time in this luxurious waterfront property owned by his fellow PayPal Alum, Ken Howley.

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52122283 10337617 image a 65 1640211158509

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52122291 10337617 image a 66 1640211163172

Musk claims to live in a 375 square foot box

Boxabl Casita model layout)

Boxabl Casita model layout)

Boxabl Casita model layout)

Elon Musk says he lives in a 375-square-foot modular home built by Boxable, according to Muskfan’s blog. Tesla Lati And that Houston Chronicle..

He says he rents a house for about $ 50,000.

Musk hasn’t confirmed the name of the company that built his house, but it seems that the Boxabl unit is showing up on Google Earth’s site.

The company’s home is small but stylish, set up like a studio apartment with an open-plan living area, kitchen, bedroom and adjacent bathroom.

The property is assembled from concrete panels and a folded box made of steel.

Tesla Lati reported that the model Musk rented was a mass-produced 20-foot x 20-foot “foldable prefabricated house” named Boxable Casita.

Boxabl has not confirmed whether Musk lives in one of its homes, but announced in November that it had built Casita in Bocachica for “well-known” and “secret” customers. ..

“My main home is literally a $ 50,000 Boca Chica / Starbase home rented from SpaceX, but it’s a little awesome,” he wrote in early June.

Experts say the mansion sold for more than $ 12 million in 2018, breaking Austin’s record, but is now several times more valuable than the booming real estate market.

It is not clear whether Musk compensated Howley for alleged use of the mansion.

Mask, the wealthiest man in the world, is worth about $ 240 billion on paper, much of it in his Tesla stock.

There was also speculation that he had the incentive to sell his assets to raise cash to exercise stock options that expire in August next year.

Last month he exercised these options and sold off shares at a blazing pace.

The journal also reported that Musk is engaged in a highly secretive home hunt for “trophy properties” in Austin, where Tesla is currently headquartered.

Musk visited several homes directly, two sources told the outlets.

Musk said on Wednesday that stock sales were “almost complete” after selling more than $ 14 billion in value over a month or more.

The billionaire made a confusing statement about whether he could meet his stated goal of selling 10% of Tesla’s stock.

“I sold enough stock and optional exercise stuff to reach about 10%, and I tried very literally here,” he said on Tuesday’s conservative satirical website Babylonby. I said in an interview.

But on Wednesday he suggested he might not have been. “This assumes the sale of 10b is complete,” he tweeted, referring to a pre-prepared sales plan related to his options.

“There are still some tranches left, but it’s almost done,” he later tweeted.

According to Tesla’s filing, based on the trading plan of Rule 10b5-1 set in September, he exercised stock options that will expire next year, sold some of his shares and paid taxes.

Even after the surge in sales, Mask has more than 3 million stock options that will expire in August next year.

Musk is in the midst of claiming that it “paid nothing” in federal income tax in 2018 and that it was less than $ 70,000 in 2015 and 2017.

Senator Elizabeth Warren dubbed musk “The wealthiest free loader in the world” in the fight for billionaire taxes.

In response to her criticism, Musk said, “This year we will pay more taxes than any American in history.”

The war between Musk and Warren’s words began after the news that Musk was selected as the Person of the Year by Time magazine was reported.

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52122297 10337617 image a 71 1640211609808

Last year, Tesla and SpaceX CEO Musk proclaimed “not owning a home” and sold nine California mansions for a total of $ 144 million.

Howary disputed Musk living in an Austin waterfront mansion and told The Wall Street Journal:He sometimes stayed home as my guest when traveling to Austin

Howary disputed Musk living in an Austin waterfront mansion and told The Wall Street Journal:He sometimes stayed home as my guest when traveling to Austin

Howary disputed Musk living in an Austin waterfront mansion and told The Wall Street Journal:He sometimes stayed home as my guest when traveling to Austin

Mask, one of the wealthiest men in the world, reportedly lived in Boxabl

Mask, one of the wealthiest men in the world, reportedly lived in Boxabl

Mask, one of the wealthiest men in the world, reportedly lived in Boxabl’s small prefabricated home on the SpaceX site in Texas (Photo: Mask is said to be renting). Boxabl Casita similar to the one you have)

Warren tweeted last Monday. “Change the fraudulent tax code so that the Person of the Year actually pays the tax and stops freeloading from everyone else.”

However, Musk immediately counterattacked, dubbing “stop projection,” and dubbed “Senator Karen,” a politician and former law professor.

“I remember when I was a kid, my friend’s angry mom was yelling at everyone randomly for no reason,” Musk continued.

“Senator Karen, don’t call me a manager.”

The properties that Musk has sold in the past year to sell himself from all his valuable residential real estate are:

Musk paid $ 6.4 million for this white colonial home in Bel Aire

Musk paid $ 6.4 million for this white colonial home in Bel Aire

Musk paid $ 6.4 million for this white colonial home in Bel Aire’s dead end on Somera Road next to another property.

The 891 Crystal Springs Rd, located in Hillsborough, California, was sold in December 2021 for $ 30 million.

The 16,000-square-foot site has a fully restored “5-star” kitchen, expanding space for personal chefs.

Musk paid $ 6.4 million for this white colonial home in Bel Aire

Musk paid $ 6.4 million for this white colonial home in Bel Aire

Musk paid $ 6.4 million for this white colonial home in Bel Aire’s dead end on Somera Road next to another property.

958 Somera Road, for sale in December 2020 for $ 6,774,500

The California house had four bedrooms and three and a half baths.

Musk also sold the Somera Roadhouse for $ 4.4 million.  It doesn

Musk also sold the Somera Roadhouse for $ 4.4 million.  It doesn

Musk also sold the Somera Roadhouse for $ 4.4 million. It doesn’t seem to have been refurbished since it was built in the 1960s.

955 Somera Road, for $ 4,443,000 in December

Surrounded by dead ends, Bel Air House has four bedrooms and two and a half bathrooms.

The house is listed with 6 bedrooms and 7 bathrooms

The house is listed with 6 bedrooms and 7 bathrooms

The house is listed with 6 bedrooms and 7 bathrooms

954 Somera Road, for sale in December $ 29,719,000

The house is listed with 6 bedrooms and 7 bathrooms.

This 16,251-square-foot mansion has 6 bedrooms, 11 bathrooms, a two-story library, a swimming pool, and a tennis court.

This 16,251-square-foot mansion has 6 bedrooms, 11 bathrooms, a two-story library, a swimming pool, and a tennis court.

This 16,251-square-foot mansion has 6 bedrooms, 11 bathrooms, a two-story library, a swimming pool, and a tennis court.

10911 Chalon Road, Sold for $ 29,000,000 in June

Opposite the Gold Course, this house has 6 bedrooms and 11 bathrooms.

Accommodation includes a pool, tennis courts and luxurious landscaping.

Musk lived in this house with his sons and rented it for two years before purchasing.

Mask bought this house, formerly owned by legendary actor Gene Wilder

Mask bought this house, formerly owned by legendary actor Gene Wilder

Mask bought this house, formerly owned by legendary actor Gene Wilder

10930 Chalon Road for $ 7,000,000 in October

Both Mask and the famous actor Gene Wilder lived in this Los Angeles home.

Wilder, who died in 2016, has lived in his house for over 30 years.

It features 5 bedrooms, 5 bathrooms and a luxurious pool in the backyard.

He shared one condition for selling a gorgeous property. It cannot be demolished or lost in soul. ”

Musk said he lived in only one property in the area and purchased the other as a privacy buffer.

Musk said he lived in only one property in the area and purchased the other as a privacy buffer.

Musk said he lived in only one property in the area and purchased the other as a privacy buffer.

10947 Chalon Road for $ 20,948,500 in December

Hidden behind green-covered trees and walls with gates.

Elon Musk reportedly secretly living in $12M waterfront estate in Austin Source link Elon Musk reportedly secretly living in $12M waterfront estate in Austin

The post Elon Musk reportedly secretly living in $12M waterfront estate in Austin appeared first on California News Times.

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